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David Knierim Subject of Florida Regulatory Action

David Knierim (CRD #: 2821017), a broker registered with Osaic Wealth, was fined by the State of Florida, according to his BrokerCheck record, accessed on June 22, 2025. If you have questions about his alleged conduct as a broker, keep reading.

Florida Regulatory Action

On May 6, 2025, the State of Florida Department of Financial Services alleged that David Knierim failed to comply with the Department’s 2024 continuing education requirements.

David Knierim was ordered to comply with the requirements of Florida Statutes Section 626.2815 and pay a fine of $250.

Florida Statutes

Florida Statutes Section 626.2815 defines the continuing education courses required for those who hold licenses to solicit, sell, or adjust insurance in the state.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

David Knierim has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • Investment Company Products/Variable Contracts Representative Examination – Series 6
  • Uniform Securities Agent State Law Examination – Series 63

David Knierim is a registered broker in Florida, Georgia, North Carolina, and South Carolina. He is also a registered investment adviser in Florida.

He has also worked for the following firms:

  • Securities America (CRD#:10205)
  • Securities America Advisors (CRD#:110518)
  • Investacorp Advisory Services (CRD#:109011)
  • Investacorp (CRD#:7684)
  • Valic Financial Advisors (CRD#:42803)
  • The Variable Annuity Marketing Company (CRD#:5081)
  • Public Employees Equities Services Company (CRD#:7315) 

Kurta Law Can Help

If you worked with David Knierim and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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